RWF black market rate on Jul 7, 2026: 1,420 per USD
On Tuesday, July 7, 2026, the US dollar traded at about 1,420 RWF on Rwanda's parallel (black) market at the close of observations. The day opened at 1,271 RWF, reached a high of 1,420 and a low of 1,271, a trading range of 149.04 RWF (11.73%).
Across 288 observations, the average price to buy dollars was 1,354 RWF and the average price received when selling dollars was 1,486 RWF. Over the session the Rwandan Franc weakened against the dollar (+11.73% from open to close).
Official rate vs black market rate on Jul 7, 2026
The official exchange rate published for Rwanda on this date was 1,468 RWF per USD. The parallel-market close of 1,420 RWF therefore implied a premium of -3.29% over the official rate — a discount to the official rate, which is unusual and often reflects thin or one-sided quotes.
How Jul 7, 2026 compares
Compared with the previous observed day (Jul 6, 2026, close 1,271 RWF), the rate moved +11.73%.
One week earlier (Jun 30, 2026) the close was 1,350 RWF, so the weekly change was +5.19%.
Thirty days earlier (Jun 7, 2026) the close was 1,341 RWF, a +5.93% move over the month.
How this daily figure is produced
ETCurrency samples Rwanda's USD/RWF parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jul 7, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Rwandan Franc black market rate on Jul 7, 2026?
- The USD to RWF parallel market rate closed at approximately 1,420 RWF per US dollar on Tuesday, July 7, 2026, after trading between 1,271 and 1,420 RWF.
- How much did the RWF move against the dollar that day?
- From an open of 1,271 to a close of 1,420 RWF, the parallel rate moved +11.73% on Jul 7, 2026.
- What was the gap between the official and black market RWF rate on that date?
- The official rate was 1,468 RWF per USD versus a parallel close of 1,420 RWF, a premium of -3.29%.
- Was the RWF black market rate higher or lower than the day before?
- Higher: the previous observed close was 1,271 RWF on Jul 6, 2026, a change of +11.73%.
Figures are aggregated parallel-market observations for Rwanda in UTC and are indicative only; they are not a quote to trade. See the full USD → Rwandan Franc history or today's live rate.